Gerald Guterman
From Wikipedia, the free encyclopedia
Gerald Guterman is a well-known real estate developer. He developed a reputation as a "real estate mogul" in the 1980s and the 1990s in New York.
He is the founder of Patriot American Investors. He purchased the largest portfolio of office buildings and hotels in the history of the Resolution Trust Corporation and its successor, The Federal Deposit Insurance Corporation (FDIC). He was Chairman of Hanover Companies, Incorporated, The Titan Group and Sovereign Construction Corp. Beginning in the 1980s and through the 1990s, he was one of the largest property managers in the United States, with over 60,000 apartments in over 250 communities. He was one of the largest condominium converters in the United States, converting over 11,000 rental apartments to condominium ownership.
Gerald Guterman served as a trustee of The Metropolitan Museum of Art, Adelphi University, New York City Opera, Dallas Opera, Young Men's Philanthropic League, Ripowam Cisqua School, and Harvey School. He also served as a Commissioner of the United States Romania Action Commission under the sponsorship of the United States Center for Strategic and International Studies, as well as Chairman of its banking and financing committees. Gerald Guterman served as personal financial advisor to the Minister of Privatization, Government of Romania. His cousin is mental health counselor, educator, and author Jeffrey Guterman.
[edit] Trivia
He rented the RMS Queen Elizabeth 2 (also referred to as the QE2) for his son's bar mitzvah.[1]